Dubai: The first cluster of 100 villas and townhouses at the Dubai Sustainable City will be delivered by the end of 2014, the developer said on the sidelines of the International Property Show (IPS) yesterday.
Construction of the villas, ranging in size from 3100 square foot to 4200 square foot, will begin in July, said Faris Saeed, chief executive and chairman of Diamond Developers, the company behind the green city.
The Dh1 billion project includes 500 villas, an environmental sciences university, school and eco-resort. It will house about 2,800 residents, he said.
The IPS was opened by Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai yesterday. It will run until May 2 at the Dubai International Convention and Exhibition Centre. Companies from United Arab Emirates, United Kingdom, Brazil, the Philippines, Thailand, Morocco, Turkey, Cyprus, Egypt and Canada participated at the show.
The show is held parallel with the 3rd edition of the Annual Investment Meeting (AIM).
On Wednesday Dubai Land Department will launch the real estate sustainability conference to announce new criteria and certification for the construction of green buildings.
